Asian Resources Inc

What it reported doing in 2024

The agency has three principal areas of services: employment, training, and community services. In employment services, specialists assist clients by preparing them for work through resume, interviewing, and application assistance. In training, the agency provides employment development such as how to find, keep, and grow in a job, as well as life skills. Also, the agency provides industry specific training that bridge gaps in industry needs and entry level employees, creating qualified candidates in specific sectors. In community services, specialists assist in accessing the resources they need to navigate the paths they face as they make the transition to life in our community. The goals of these programs are people's self-sufficiency.employment programs for adultsrefugee support programs - services include vocational english as a second language classes, and employment services.job center - career coaching, vocational opportunities, career workshops, employment services, financial assistance, housing information, vocational scholarships, and community resources.adult program - one on one career coaching and tuition assistance.on-the-job training - employers provide hands-on training and work experience.case management - participants receive ongoing case management and counseling. Youth employment programsout youth program - youth gain experience and important life skills through job placement and classroom training.youth executive academy is a group of young diverse leaders (15-23 years of age) whose mission is to create positive social change by creating an empowering community and advancing the voice of young people. Youth digital navigators is youth leadership and workforce development program that equips young people with digital literacy, communication, and customer service skills while providing hands on experience supporting seniors, immigrants, refugees, and low income families with technology access and basic computer education. Community servicesin-language supportsmud energy assistance programpg&e care program discounted digital access english as a second language classes basic immigration clinicdigital literacy class youth violence preventionvita/eitc tax preparation covered California enrollmentmedical enrollmenthealth education and resourcescalfresh enrollment assistanceforeign human trafficking assistancecommunity advocacyvolunteer servicesemployer services educational training recruitment and screening: pre-screened, qualified candidates. Job placement programs: employers receive pre-screened referrals and wage reimbursement

Financial Efficiency

• Mission deployment rate: 93%; rating input score 93
• Program expense ratio: 94.4%; rating input score 94
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 92.3%; rating input score 92; 27th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 3.1%; rating input score 45; 45th percentile among comparable filings
• Total-asset coverage ratio: 2.32; rating input score 67; 67th percentile among comparable filings
• Liabilities to assets ratio: 0.32; rating input score 32; 32nd percentile among comparable filings
• Officer compensation ratio: 7.8%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 10.2% per year; rating input score 100; 65th percentile among comparable filings
• Revenue growth: 9.2% per year; rating input score 100; 65th percentile among comparable filings
• Asset growth: 22% per year; rating input score 100; 86th percentile among comparable filings